Question

What is the maximum guaranteed coverage provided under the Credit Guarantee Fund Scheme for Micro Enterprises with credit up to Rs. 50 lakhs?

A 75% of the amount in default, up to a maximum of Rs. 37.50 lakh
B 80% of the amount in default, up to a maximum of Rs. 40 lakh
C 85% of the amount in default, up to a maximum of Rs. 4.25 lakh
D 90% of the amount in default, up to a maximum of Rs. 45 lakh
E 50% of the amount in default, up to a maximum of Rs. 25 lakh
Practice Next

Hey! Ask a query